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SAN DIEGO (AP) — Americans are wary of granting refugee status to children crossing the U.S. border to flee strife-torn countries in Central America, and most in an Associated Press-GfK poll say the U.S. does not have a moral obligation to accept asylum seekers generally.
Argentina was seeking an 11th-hour deal with "holdout" creditors Wednesday to prevent a crippling new default -- the second in 13 years -- by day's end. Buenos Aires has until midnight to resolve its dispute with two US hedge funds whose refusal to accept a write-down on debt it defaulted on in 2001 has pushed Latin America's third-largest economy to the brink of a new crisis. Argentina is due to make a $539 million payment on its restructured debt by Wednesday, the end of a 30-day grace period. Economy Minister Axel Kicillof flew to New York on Tuesday to throw his weight behind the marathon negotiations being held at the offices of a US court-appointed mediator, lawyer Dan Pollack.
By Richard Lough, Eliana Raszewski and Daniel Bases BUENOS AIRES/NEW YORK (Reuters) - Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors suing it or win a reprieve from a U.S. court, as a surge in the country's bond prices fed optimism that an agreement was possible. Attorneys for holdout hedge funds awarded $1.33 billion plus interest by a U.S. court arrived for talks at the New York offices of court-appointed mediator Daniel Pollack on Wednesday morning, with hours to go Argentina faces its second default in 12 years. Argentine Economy Minister Axel Kicillof arrived shortly after 11 a.m. EDT (1500 GMT) for the talks. "It's trading like there's a deal," said a fund manager who holds Argentina's restructured debt and requested anonymity.